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Stratasys Named Official 3D Printing Partner of Toyota Racing Development

End-use parts printed using Stratasys additive manufacturing technology will be used for production vehicles in the upcoming Toyota GR Cup Series

EDEN PRAIRIE, Minn. & REHOVOT, Israel — (BUSINESS WIRE) — June 1, 2022 — Stratasys Ltd. (NASDAQ: SSYS), a leader in polymer 3D printing solutions, today announced that it has been named an official partner of Toyota Racing Development (TRD). The partnership will make its debut with 3D printed production parts on the forthcoming Toyota GR86 for the GR Cup, a new single-make racing series sanctioned by SRO America.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220601005324/en/

(Graphic: Business Wire)

(Graphic: Business Wire)

“Additive manufacturing has allowed us to quickly iterate, design, and create parts for our race vehicles in a way that would have been far more expensive or labor intensive through traditional manufacturing methods,” said David Wilson, President of TRD. “By partnering with Stratasys we are able to advance our manufacturing practices beyond what is currently possible and really harness the possibilities of additive manufacturing for production parts.”

TRD is expanding its use of additive manufacturing from prototyping to end-use parts by integrating Stratasys Fortus® 450mc, F370 and the new composite-ready F370®CR 3D printers into their manufacturing facilities in Salisbury, N.C. and Costa Mesa, Calif. The industrial-grade 3D printers will be used to create end-use parts, including an FDM® Nylon 12CF hood vent for their new production vehicle the Toyota GR86, as well as to create a wide range of end-use parts across the TRD product portfolio. Further, TRD has been a long-standing customer of Stratasys Direct Manufacturing, utilizing various additive manufacturing technologies for prototyping. TRD will further utilize Stratasys Direct services to 3D print a clamp for the GR86, utilizing the Stratasys H350™ 3D printer powered by SAF™ technology and using sustainable Stratasys High Yield PA11 material.

“This new partnership represents a significant moment in the evolution of additive manufacturing for high performance automotive racing applications,” said Pat Carey, Senior Vice President, Strategic Partnerships for Stratasys. “We will partner with TRD to support their efforts as they further adopt, prove out and integrate additive manufacturing into their production as a prototyping, tooling and end-use parts solution across the GR86 and TRD custom parts as well.”

TRD plans to continue to integrate additive manufacturing into their manufacturing processes for TRD-branded vehicles and racing cars. The GR Cup, featuring the GR86, is set to begin in 2023.

You can learn more about Stratasys solutions for the automotive industry online.

Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world’s leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care.

About Toyota

Toyota (NYSE: TM) has been a part of the cultural fabric in North America for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our more than 1,800 dealerships.

Toyota directly employs more than 48,000 people in North America who have contributed to the design, engineering, and assembly of nearly 43 million cars and trucks at our 13 manufacturing plants. By 2025, Toyota’s 14th plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles. With more electrified vehicles on the road than any other automaker, more than a quarter of the company’s 2021 North American sales were electrified. For more information about Toyota, visit www.ToyotaNewsroom.com.

To learn more about Stratasys, visit www.stratasys.com, the Stratasys blog, Twitter, LinkedIn, or Facebook. Stratasys reserves the right to utilize any of the foregoing social media platforms, including the company’s websites, to share material, non-public information pursuant to the SEC’s Regulation FD. To the extent necessary and mandated by applicable law, Stratasys will also include such information in its public disclosure filings.

Stratasys, Fortus, Fortus 450mc, F370, FDM, SAF and H350 are trademarks or registered trademarks of Stratasys Ltd. and/or its affiliates. All other trademarks are the property of their respective owners, and Stratasys assumes no responsibility with regard to the selection, performance, or use of these non-Stratasys products.

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Contact:

Stratasys Media Contacts

Stratasys Corporate & North America
Heather Morris
heather.morris@stratasys.com
+1 612-875-2751

Investor Relations
Yonah Lloyd
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+972-74-745-4919

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Jonathan Wake / Miguel Afonso, Incus Media
stratasys@incus-media.com
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Brazil, Central America and South America
Erica Massini
erica.massini@stratasys.com
+55 (11) 2626-9229

Israel
Rosa Coblens
Rosa.coblens@stratasys.com
+852-9189-7273

Asia
Kalyani Dwivedi
kalyani.dwivedi@stratasys.com
+91 80 6746 2606

Toyota Racing Development Media Contacts:
Lisa Hughes Kennedy, Golin for Toyota Racing
704-902-6476
lhugheskennedy@golin.com

Cody Poor, Golin for Toyota Racing
323-578-7159
cpoor@golin.com